BitPay secures New York crypto license

BitPay announced the company has received its Virtual Currency License from the New York Department of Financial Services, which governs rules for virtual currency business activity in New York. The license enables BitPay to transact business with companies and consumers...

TransCrypt launches payments messaging app

Cryptocurrency company TransCrypt has officially unveiled its beta payments platform to the public. Consumers can download and use the TransCrypt Android app from the Google Play Store to send and receive payments in cryptocurrency via popular messaging platform Telegram, according...

Rewards.com users can earn, redeem Dash digital currency with retailers

Dash, a company that frames itself as an alternative to bitcoin, has announced a partnership with Rewards.com, a loyalty rewards website incentivizing purchases through its unique cashback program. The partnership means Dash will be the first digital currency payments method...

Bayside Corp. to deploy crypto ATMs in Florida

Bayside Corp., a provider of cryptocurrency infrastructure, has announced that the first of the 24 cryptoasset ATMs the company purchased in an exclusive distributor agreement with Chain Bytes LLC are being prepped for installation in retail, dining and entertainment venues...

Nuggets testing blockchain-based e-commerce mobile app

Nuggets, an e-commerce payments and ID platform, has opened up its mobile app Alpha to iOS users. Nuggets uses blockchain technology to enable consumers to make e-commerce payments, log in to services, and verify their identities without having to share...

MovoCash launches service that converts bitcoin to cash in minutes

MovoCash, the creator of the mobile-payments platform and app Movo, has launched MovoChain, a web-based service that enables owners of bitcoin and bitcoin cash to easily convert those cryptocurrencies to ready-to-spend cash in an FDIC-insured prepaid account, according to a...

BitPay closes extended $40M Series B Round

BitPay has closed a $40 million extended Series B funding round, which brings its total raised capital to over $70 million, according to a press release. New investors in BitPay include Menlo Ventures, Capital Nine, G Squared, Nimble Ventures (an...

Newegg opens bitcoin payments to Canadian shoppers

Newegg has announced Canadian consumers now have the option of paying with bitcoin on its site, according to a press release.  The company first offered a bitcoin payment option to its U.S. customers in August 2014 as one of the first major retailers to do so.

Fit Pay intros unique spin on bitcoin retail payments

Fit Pay Inc., a wholly owned subsidiary of NXT-ID Inc., is now accepting preorders for Flip, a new contactless payment device that enables cryptocurrency holders to use the value of their currency to make purchases at millions of retail locations,...

Shakepay launches private beta of cryptocurrency mobile wallet for Canadian market

Shakepay, a Montreal-based fintech startup connecting users with their digital money, has announced the beta launch of its latest platform, a multi-currency, peer-to-peer mobile wallet that enables Canadians to buy and sell bitcoin and other cryptocurrencies, according to a press...

Coinsource expands bitcoin ATM network in New England

Bitcoin ATM network Coinsource has expanded into New England with 10 new machines in Massachusetts (5), New Hampshire (3) and Rhode Island (2). The machines will provide a convenient option for users who want to buy and sell bitcoin, a...

BitPesa acquires online remittance company TransferZero

BitPesa, a blockchain payments platform for Africa and Europe, has announced their acquisition of TransferZero, an international online money transfer platform that specializes in sending money to consumers and companies in 200 countries using over 50 different currencies, according to...

Aliant Payment Systems gives merchants chance to accept Litecoin

Aliant Payment Systems, a U.S.-based provider of merchant services and credit card processing, is now offering its merchants the ability to accept Litecoin payments, according to a company press release. "Our merchants look to us for innovative ways to transfer...

Singapore Airlines works on blockchain-based mobile loyalty app

Singapore Airlines announced Monday that it's working on what it calls the world's first blockchain-based airline loyalty digital wallet that will help unlock the value of frequent flyer miles to enable everyday spending at retail partners. "Innovation has been a...

BofA, Citi ban cryptocurrency purchases via credit cards

The two largest U.S. banks, JPMorgan Chase and Bank of America, have announced that they will no longer allow cryptocurrency purchases on credit cards they have issued. The ban went into effect on Saturday and includes personal and business credit cards, according to multiple media reports.

Square officially opens bitcoin trading on Cash app

Square has expanded bitcoin trading in its Cash person-to-person payments app after running a brief trial with select users, according to a tweet from CEO Jack Dorsey. Dorsey, who is also Twitter's CEO, tweeted the news Thursday and included a...

Australian company strikes deal with Brisbane Airport merchants to accept cryptocurrencies

As some retailers and payments processors begin to shift away from bitcoin acceptance because of continuing volatility and higher transaction fees, a company in Australia is not shying away from those issues and has struck a deal with Brisbane Airport...

Stripe will no longer process bitcoin transactions come April

As cryptocurrencies continue to show volatility in the market, transaction processor Stripe has decided to stop supporting bitcoin payments for small businesses on April 23. Stripe's Tom Karlo made the announcement in a blog post earlier this week. "Over the...

MoneyGram partners with Ripple to increase payment speeds

Ripple, a provider of the enterprise blockchain product for payments, has partnered with MoneyGram to pilot XRP in their payment flows. As part of this agreement, both companies will also explore MoneyGram's integration into Ripple's ecosystem through xVia. MoneyGram will...

Payza adds 'buy altcoin' feature to e-wallet service

Payza, a U.K.-based e-wallet platform, has added a new feature that enables users to buy the most popular cryptocurrency alternatives to bitcoin using funds in their Payza account, either fiat currency or bitcoin, according to a press release. The initiative...

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Talking With: Amanda Manna about retailers and digital disruption